5216 Palmera Drive, Oceanside, California 92056, Oceanside, 92056 - 4 bed, 3 bath

5216 Palmera Drive, Oceanside, California 92056 home-pic-0

5216 Palmera Drive

Oceanside, California 92056

ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,797Sq Ft
0.18Lot Size

Property Price

LIST PRICE$1,165,000
EST. MARKET VALUE
$1,175,000

SUMMARY

Analysis of 5216 Palmera Drive, Oceanside, California 92056 reveals a Fairly Priced Property with a current list price of $1,165,000  aligned with the estimated $1,175,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oceanside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,175,000
Based on Realkey algorithm analyzing recent comparable sales in Oceanside.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5216 Palmera Drive
Subject
$1,165,000*
List Price
432,797$420-
A
1513 Powell Rd
Active
$1,055,000
List Price
432,177$4850.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property is well-maintained and move-in ready with recent cosmetic updates including fresh interior paint and stainless steel kitchen appliances. However, the home retains its original 1996 features such as oak cabinetry and white tile countertops in both the kitchen and bathrooms, which are functional but stylistically outdated.

PROSSTRENGTHS & OPPORTUNITIES

  • No HOA Fees

    The absence of Homeowners Association fees provides significant monthly savings and greater freedom for property modifications compared to neighboring communities.

  • Flexible Living Space

    With nearly 2,800 sq ft and a versatile downstairs bonus area, the home easily accommodates multigenerational living or a dedicated home office setup.

  • Quiet Cul-de-Sac Setting

    Situated on a peaceful cul-de-sac, the property offers enhanced privacy and reduced through-traffic, making it an ideal environment for families.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 7709.

  • Lack of Scenic Views

    The property listing indicates no significant views, which may be a drawback for buyers seeking the coastal or hillside vistas common in parts of Oceanside.

  • Inconsistent School Ratings

    While the elementary school is highly rated (8/10), the assigned middle and high schools have significantly lower ratings (3/10 and 4/10), which may concern education-focused families.

About 5216 Palmera Drive

PRICE IMPROVEMENT! And seller has installed brand new furnace system! Welcome to this beautifully refreshed home tucked away on a quiet cul-de-sac in the highly desirable Oceanside neighborhoods near Guajome, Rancho Del Oro, and Ivy Ranch—with NO HOA fees. This spacious residence offers 4 large bedrooms, 3 full bathrooms, and 2,797 sq ft of living space on a 7,709 sq ft lot, freshly painted throughout and filled with natural light. The kitchen is designed for both function and gathering, featuring stainless steel appliances, abundant storage cabinetry, a center island, and a charming greenhouse window wall. Soaring ceilings and oversized windows create an airy, light-filled atmosphere throughout the home. The oversized family room includes a brick fireplace and a versatile bonus area—perfect for a home office, play space, or media nook—and offers the potential to be converted into a convenient downstairs bedroom, adding flexibility for multigenerational living or guests. The en suite primary bedroom is generously sized and filled with natural light, offering a true retreat with a large walk-in closet and a spa-like bath featuring a soaking tub. Step outside to a peaceful rear yard with a covered patio, lush grass, and floral landscaping, a favorite retreat for both homeowners and visiting birds. Additional highlights include a 3-car attached garage and a prime location close to shopping, schools, and major commuter routes—yet quietly removed from the bustle. This home offers space, comfort, and flexibility in a sought-after Oceanside setting.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1996
Lot Size
0.18 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Oceanside Unified Schools

Empresa Elementary School

Grades K-5 • 1.1 mi

8/10

Roosevelt Middle School

Grades 6-8 • 0.5 mi

3/10

Vista High School

Grades 9-12 • 1.9 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
63%
Baths3.02.0
52%
Square foot2,7971,785.5
92%
Lot Size0.185,216.1
8%
Price$1.17M$940.0K
79%
Price per sq ft$417$539
8%
Built year19961989
83%
HOA$0$122
41%
Days on market31163
2%

Pricing History

Listed for Sale

Mar 4, 2026

$1,165,000

$1,175,000

-1% Price Drop

Initial Listing

Price Change

Feb 4, 2026

$1,175,000

Initial Listing

Sold

Nov 10, 2003

$511,000

Public Record

Sold

Feb 9, 1996

$224,000

Public Record

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